Market Structure:
Gold has rallied toward the $3,275–$3,293 resistance zone, which may act as a distribution level, potentially signaling a short-term top.
Cycle Timing:
Today marks the 34th trading day since the rally began from $2,832 (Feb 28), and
The 8th trading day since the leg from $2,956 (Apr 7) — both are typical cycle inflection points, increasing the likelihood of a price reversal.
Sentiment Drivers:
Price action remains highly reactive to geopolitical news, particularly remarks from Trump, contributing to headline-driven volatility.
🎯 Trade Recommendation:
Short Bias:
If price fails to break and hold above $3,293, consider short entries with downside targets at $3,190–$3,180. Suggested stop-loss above $3,300.
Risk Management:
Exercise caution during high-volatility windows. Use reduced position sizing and strict risk controls to mitigate unexpected price swings.
Gold has rallied toward the $3,275–$3,293 resistance zone, which may act as a distribution level, potentially signaling a short-term top.
Cycle Timing:
Today marks the 34th trading day since the rally began from $2,832 (Feb 28), and
The 8th trading day since the leg from $2,956 (Apr 7) — both are typical cycle inflection points, increasing the likelihood of a price reversal.
Sentiment Drivers:
Price action remains highly reactive to geopolitical news, particularly remarks from Trump, contributing to headline-driven volatility.
🎯 Trade Recommendation:
Short Bias:
If price fails to break and hold above $3,293, consider short entries with downside targets at $3,190–$3,180. Suggested stop-loss above $3,300.
Risk Management:
Exercise caution during high-volatility windows. Use reduced position sizing and strict risk controls to mitigate unexpected price swings.
Market trading is not only as sharp as a falcon, but also as delicate as a painting!
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Market trading is not only as sharp as a falcon, but also as delicate as a painting!
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
Only in this way can we ensure continuous profits!
One-to-One membership service:
t.me/Hobart1988
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.